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- Feo replied Jun 7, 2016
Ok, so we got up to the weekly Pivot at 157.67. Now we're moving down. Hovering around 156.60 which is last months Pivot. If we continue down today, next support is last weeks S2 Weekly pivot at 156.15 I suspect today can close above last months ...
Dragon Riders GBP/JPY
- Feo replied Jun 6, 2016
On the word BIAS, I don't like that word, whether used in life or Forex. Especially is Forex. Someone will look at moving average and say price is below the 50, so they must sell. Or an oscillator is crossing the 5o mid upwards, so must buy. Yes, it ...
Dragon Riders GBP/JPY
- Feo replied Jun 6, 2016
There's no low to reach before I change my bias, Weekly S1 is a buy, whilst weekly R1 is a sell/ Cable has bounced off the S1 at 4363, meaning price goes p to Pivot now
Dragon Riders GBP/JPY
- Feo replied Jun 6, 2016
Expecting move up to 157.67 now So London will break 154 upwards after touching 153.84
Dragon Riders GBP/JPY
- Feo replied Jun 3, 2016
Cable can break 1.4420 and retrace back to weekly pivot at 1.46011 and then up to new high for month
Cable Update (GBPUSD)
- Feo replied Jun 3, 2016
Ok, I think the low of the month has been reached. Cable still has to retrace back to monthly pivot. Daily open at 156.85. Look for break upwards from there to new high for month
Dragon Riders GBP/JPY
- Feo replied Jun 1, 2016
i feel it's building for a strong pullback starting next hour, to daily pivot at 161.40
Dragon Riders GBP/JPY
- Feo replied Jun 1, 2016
If this hour close below the 159.21, then I'm going to go long at 159.26 up to 159.80
Dragon Riders GBP/JPY
- Feo replied Jun 1, 2016
Alternatively. This hour could close below the 159.533, then pullback to the 160.17 before decision gets made
Dragon Riders GBP/JPY
- Feo replied Jun 1, 2016
Morning. We have the monthly Pivot at 159.33, below that we have the daily S1 at 158.92 and weekly S1 at 158.75 The charts are hourly, in middle is 4 hr chart, then daily The chart in middle, 4hr, that 23% fib at 159.20 should hold. I suspect next ...
Dragon Riders GBP/JPY